117 East 32nd Street

Durango, CO 81301

$750,000
Price
Beds
2
Baths
1
1/2 Bath
2,416 Sq. Ft.
$310 / Sq. Ft.
2,416
Sq. Ft.
$310
per Sq. Ft.

Description

Incredible investment opportunity located in the City of Durango’s North Main Gateway Renewal Area. This commercial/residential property currently consists of 1 commercial storefront and 2 residential units with gross monthly rents equal to $4,350 as of April 1, 2024. Various opportunities exist for the next owner of this strategically located mixed use property, from maintaining rental units, moving in to one of the residential units, to redeveloping the lot entirely. This is a highly visible commercial/retail...Incredible investment opportunity located in the City of Durango’s North Main Gateway Renewal Area. This commercial/residential property currently consists of 1 commercial storefront and 2 residential units with gross monthly rents equal to $4,350 as of April 1, 2024. Various opportunities exist for the next owner of this strategically located mixed use property, from maintaining rental units, moving in to one of the residential units, to redeveloping the lot entirely. This is a highly visible commercial/retail location that would also be fantastic for infill housing with potential incentives available by the City of Durango’s urban renewal initiative. Downstairs studio unit and upstairs one bedroom unit with roof-top deck are both rented on a month-to-month basis to provide the new owner maximum flexibility. This listing is for the building only. The business is not for sale.
  1. Listed by Trevor Woods • Harmony Real Estate, LLC

Property Details for 117 East 32nd Street

Water Front
No
Zoning
Commercial, Mixed Use
Subdv Name
Animas City

Location

Listing Courtesy of Harmony Real Estate, LLC, Trevor Woods
Add your commute
LISTING UPDATED: 04/01/2024 01:38 AM

Property Details for 117 East 32nd Street

StatusActive
MLS #811997
Days on Market34
Taxes$3,297 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Multi-Use w/Res
Year Built1898
Lot Size0.13 AC / 5,662 SF
CountyLa Plata County

Location

Listing Courtesy of Harmony Real Estate, LLC, Trevor Woods
Add your commute

Building Information for 117 East 32nd Street

Stories-Residences3Year Built1898Lot Size0.13 AC / 5,662 SF

Payment Calculator

$4,368 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$275

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 117 East 32nd Street

Summary
Location and General Information
  • Directions: North on Main, Left on 32nd, Property on Left
Owner
  • Owner Name: See Records
Parking
  • Carport Y/N: No
  • PARKING: 2-10 Total Spaces
Taxes and HOA Information
  • Tax Year: 2023
  • Total Taxes $: 3296.96
Property
Property and Assessments
  • FIPS Code: 08067
  • Legal/Lot Block: Subdivision: ANIMAS CITY (DGO) Block: 55 Lot: G AND:- Lot: H AN ADD 117 E 32ND ST DURANGO 81301
  • Photo Count: 12
  • New Construction Y/N: No
  • Disclosures: Lead Base Paint
  • Covenants Y/N: YES
  • Board Name: Durango Area Assn of Realtors
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Current Property Use: Retail Storefront, Mixed Use
  • Possible Property Use: Mixed-Use, Retail Storefront
  • Lot Dimension: .127
  • Parcel ID #: 5.66517109012E11
Utilities
  • Internet Service Avail?: Yes
  • Internet Service Y/N: No
  • DOMESTIC WATER: Public
  • Total # Water Meters: 1
  • Total # Gas Meters: 1
  • Total # Electric Meters: 2
  • Existing Utilities: Electric, Internet, Natural Gas
  • Water Well: No
Multi Family
Multi-Family Information
  • # of Units: 3
Interior and Exterior Features
Room Information
  • 1/2 Baths: 1
  • 3/4 Baths: 0
  • 1/4 Baths: 0
  • Total Baths: 3.00
Interior Features
  • Furnished: Unfurnished
Rental
Rental Information
  • CAM Y/N: No

Property History for 117 East 32nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 117 East 32nd Street

Taxable ValueLand$42,940Additions$56,440Total$99,380
Tax Record2022$4,041 ($337 / month)
Home Facts
Beds2Total Finished SqFt1,021 SqFtAbove Grade Finished SqFt1,021 SqFtStories2Lot Size5,532 SqFtStyleSingle Family ResidenceYear Built1898CountyLA PLATAAPN5665-171-09-012

Schools near 117 East 32nd Street

This home is within Durango 9-R School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Riverview Elementary School
PublicPK to 5

Miller Middle School
Public6 to 8

Durango High School
Public9 to 12

The Juniper School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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117 East 32nd Street is a mixed use property for sale in Durango, CO 81301. This property was listed for sale on March 29, 2024 by Harmony Real Estate, LLC, it's currently listed at $750,000. It has been on the market for a total of 34 days and was last sold on October 15, 2021. This listing's school district is Durango 9-R School District. Nearby schools include Riverview Elementary School, Miller Middle School and Durango High School. 117 East 32nd Street is a 0-bed, 2.5-bath, 2,416 sqft mixed use property built in 1898.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Harmony Real Estate, LLC, Trevor Woods

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.